Northern America: Plaits And Basketwork Market 2024

Plaits And Basketwork Market Size in Northern America

The North American plaits and basketwork market declined to $X in 2022, approximately equating the previous year. In general, consumption saw a perceptible reduction. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Plaits And Basketwork Production in Northern America

In value terms, plaits and basketwork production rose notably to $X in 2022 estimated in export price. In general, production, however, saw a noticeable curtailment. The growth pace was the most rapid in 2020 with an increase of X%. The level of production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

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Plaits And Basketwork Exports

Exports in Northern America

In 2022, the amount of plaits, basketwork, wickerwork and similar products of plaiting materials exported in Northern America surged to X tons, jumping by X% compared with the previous year. In general, exports continue to indicate a modest expansion. The pace of growth appeared the most rapid in 2017 with an increase of X%. Over the period under review, the exports hit record highs at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, plaits and basketwork exports amounted to $X in 2022. Total exports indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2014 indices. The growth pace was the most rapid in 2014 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the near future.

Exports by Country

In 2022, Canada (X tons) represented the largest exporter of plaits, basketwork, wickerwork and similar products of plaiting materials, making up X% of total exports. It was distantly followed by the United States (X tons), comprising a X% share of total exports.

Canada was also the fastest-growing in terms of the plaits, basketwork, wickerwork and similar products of plaiting materials exports, with a CAGR of X% from 2012 to 2022. The United States (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Canada increased by X percentage points.

In value terms, Canada ($X) remains the largest plaits and basketwork supplier in Northern America, comprising X% of total exports. The second position in the ranking was held by the United States ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Canada stood at X%.

Export Prices by Country

The export price in Northern America stood at $X per ton in 2022, dropping by X% against the previous year. Export price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, plaits and basketwork export price increased by X% against 2018 indices. The growth pace was the most rapid in 2019 when the export price increased by X%. The level of export peaked at $X per ton in 2021, and then reduced remarkably in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the United States ($X per ton), while Canada stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (X%).

Plaits And Basketwork Imports

Imports in Northern America

Plaits and basketwork imports declined significantly to X tons in 2022, waning by X% against 2021 figures. Overall, imports, however, continue to indicate buoyant growth. The growth pace was the most rapid in 2021 with an increase of X%. As a result, imports attained the peak of X tons, and then dropped dramatically in the following year.

In value terms, plaits and basketwork imports reduced to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, imports reached the peak of $X, and then shrank modestly in the following year.

Imports by Country

The United States dominates imports structure, reaching X tons, which was near X% of total imports in 2022. Canada (X tons) took a little share of total imports.

The United States was also the fastest-growing in terms of the plaits, basketwork, wickerwork and similar products of plaiting materials imports, with a CAGR of X% from 2012 to 2022. At the same time, Canada (X%) displayed positive paces of growth. The shares of the largest importers remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported plaits, basketwork, wickerwork and similar products of plaiting materials in Northern America, comprising X% of total imports. The second position in the ranking was held by Canada ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value in the United States amounted to X%.

Import Prices by Country

The import price in Northern America stood at $X per ton in 2022, with an increase of X% against the previous year. Overall, the import price, however, continues to indicate a pronounced shrinkage. Over the period under review, import prices attained the maximum at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Canada ($X per ton), while the United States amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (X%).

Source: IndexBox Platform

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